Category: News

  • Heavy strikes shake Beirut as Israel expands Lebanon campaign By Reuters

    Written by Maya Gebaili and Laila Bassam BEIRUT (Reuters) – The southern suburb of Beirut was hit by successive massive strikes late Saturday into Sunday, sending rumbles across the city and causing flashes of red and white for about 30 minutes that could be seen from above, Reuters witnesses said.…

  • Coca-Cola and These 2 Red-Hot Dow Dividend Stocks Are Up 10% to 22% in 3 Months, and They Could Still Be Worth Buying in October

    At the start of 2024, the broader indices were driven higher mostly by massive growth stocks. But market leadership has changed in recent months, with large-cap earnings and value stocks posting significant gains. For example, Nvidia It has fallen by 3.1% over the past three months Standard & Poor’s 500…

  • Trump returns to scene of assassination attempt with Musk

    Donald Trump He picked up where he left off in July when a gunman tried to do so assassinate But he only hit his ear before raising his fist and shouting, “Murderer!” He was taken away with blood on his face. “Tonight I return to Butler in the wake of…

  • Ketraco rejects law firm’s push for information on Adani deal

    Ketraco refused to publicly disclose the terms of the contract agreement it signed with the Indian Adani Group to build three transmission lines and two substations. The state-owned company rejected an attempt by a city law firm, IC Law LLP, to make public details of the financial position of the…

  • West Ham chairman blames government tax crackdown for super-rich exodus ahead of budget

    David Sullivan, the chairman of West Ham United and one of Britain’s richest individuals, has criticized the government’s tightening of tax rules for non-residents, blaming the changes for driving the wealthy out of the country. Sullivan, who is the football club’s largest shareholder, has cut the asking price for his…

  • US Inflation Is Set to Reassure a Labor Market-Focused Fed

    Breadcrumb links BMN Business US inflation is likely to have moderated at the end of the third quarter, reassuring the Federal Reserve as it shifts more of its policy focus towards protecting the labor market. Article writer: Bloomberg News Vince Juhl and Craig Sterling Published on October 05, 2024 •…

  • US Inflation Is Set to Reassure a Labor Market-Focused Fed

    Breadcrumb links BMN Business US inflation is likely to have moderated at the end of the third quarter, reassuring the Federal Reserve as it shifts more of its policy focus towards protecting the labor market. Article writer: Bloomberg News Vince Juhl and Craig Sterling Published on October 05, 2024 •…

  • Adam Neumann invests in Israeli real estate co Canada Global

    US residential real estate company Flow, controlled by Adam Neumann and US venture capital firm Andreessen Horowitz, has been allocated 30% of the shares of income-producing Israeli real estate company Canada Global (TASE: CNGL), controlled by Israel Canada (TASE: ISCN). Controlling shareholders Assaf Toshmir and Barak Rosen. Neumann, who founded…

  • Power restored to 95%+ of Georgia Power customers impacted by Hurricane Helene By Investing.com

    Crews are managing final intensive restorative efforts in the hardest-hit areas and will remain in the field until all customers who can accept power are reconnected. Atlanta, October 5, 2024 /PRNewswire/ — Georgia Power restored power to more than 1.3 million customers in the wake of Hurricane Helen – more…

  • The big winner if OpenAI becomes a for-profit business? Microsoft.

    OpenAI is considering transitioning from a nonprofit to a for-profit company, and Microsoft (MSFT), its donor, will have a lot to gain if a ChatGPT developer gets the green light to operate as a startup. “Anything that frees OpenAI to focus on profit is likely to benefit Microsoft’s investment in…

  • The big winner if OpenAI becomes a for-profit business? Microsoft.

    OpenAI is considering transitioning from a nonprofit to a for-profit company, and Microsoft (MSFT), its donor, will have a lot to gain if a ChatGPT developer gets the green light to operate as a startup. “Anything that frees OpenAI to focus on profit is likely to benefit Microsoft’s investment in…

  • Oil price surge draws stock-trading ‘tourists’ into the market

    Reza Delmaghni mostly trades stocks, but he has been moving in and out of the oil market over the past week, weighed down by the biggest weekly rise in crude oil in nearly two years. “Since we got to $67, the price has been rising steadily and quite orderly,” said…

  • Dan Kwach: ‘Being bullied revealed my success path’

    annoyed. This is how I feel when Dan Quach, Director of African Data Centers, puts his hands on the table. It’s not his hands that are the problem, it’s his nails. It’s long. Clean, yes, but long. Why do men keep long nails? “I didn’t have nails in primary school.…

  • Could everything you have been told about Britain’s low productivity be wrong?

    If you’ve been paying attention to the news in recent years, you’ll know that Britain has a productivity ‘problem’. August posts like Financial Timesand The Economist I will tell you that Britain’s “low productivity” is “holding us back” as a nation on the world stage. Institutions from London School of…

  • Homeowners hit by Hurricane Helene face the grim task of rebuilding without flood insurance

    Breadcrumb links PMN BMN Business Article writer: Associated Press Sally is Published on October 05, 2024 • Last updated 33 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Room contents are emptied into the…

  • Twiga Partnership Leads Extractive Industry’s Contribution to Tanzanian Economy By Investing.com

    All amounts are expressed in US dollars unless otherwise stated BULIANHULU, Tanzania, Oct. 05, 2024 (GLOBE NEWSWIRE) — The Twiga partnership between Barrick Gold Corporation (NYSE:)(TSX:ABX) and the Tanzanian government contributes 51% of government revenues from the extractive industry, according to the latest Extractive Industry Transparency Initiative report In Tanzania.…

  • Here’s the Billionaire Investor You Should Be Following — and He’s Not Warren Buffett or Bill Ackman

    It’s always a good idea for individual investors to look at what institutional investors, also called smart money, are picking. You should never base your decisions solely on others without doing research, but institutional investors are professionally trained, and often have decades of experience and returns to back this up.…

  • Bank of America: Gen X investing 40% than other generations

    Generation In fact, they’re the shoppers whose spending has helped fuel the economy, surprising even the most seasoned Wall Streeter with how resilient their spending habits are. But this is changing. The challenge of preparing for retirement over the next decade or so and continuing to support children appears to…

  • Bank of America: Gen X investing 40% than other generations

    Generation In fact, they’re the shoppers whose spending has helped fuel the economy, surprising even the most seasoned Wall Streeter with how resilient their spending habits are. But this is changing. The challenge of preparing for retirement over the next decade or so and continuing to support children appears to…

  • Interest paid on domestic loans up Sh89bn on higher rates, borrowing

    Taxpayers paid an additional Sh89.4 billion in interest payments on the government’s domestic debt in the year to June 2024, reflecting higher interest rates on debt securities and increased domestic borrowing for budget purposes in the period. National Treasury disclosures show that interest payments rose to Sh622.5 billion from Sh533.1…